Bajaj Finance Raises FD Rates, Seniors Can Earn 8.15%

Bajaj Finance has raised the interest it pays on fixed deposits.

The rate depends on how long the money stays invested and how interest is paid.

For a new deposit lasting 31 to 60 months, regular customers can get 7.75% a year if interest is paid at maturity.

Senior citizens can get 8.15% on that kind of new deposit.

People renewing deposits can receive an extra 0.10% benefit.

With that benefit, senior citizens renewing for 31 to 60 months can get up to 8.25%.

Customers can receive interest monthly, quarterly, half-yearly, yearly, or at maturity.

The minimum deposit is ₹15,000.